加入WTO之际的中国——外商直接投资与联系效应

China:At the Time of Entering into WTO——Foreign Direct Investment and its Linkage Characteristic

本文运用一次有关 1 998年广东省 40 5家FDI企业的调查数据 ,研究了四组企业(海外华资、日资、欧资和美资 ) ,并且区分了每一组所采用的投资战略。研究它们的投资战略为我们进一步评价我国加入世贸对来自各国的外商直接投资的影响提供了基础。但是 ,由加入世贸引起的一系列深刻的社会与经济变革也可能意味着跨国公司投资战略的变化。本文在假定没有这些投资战略变化的情况下 ,对评价加入世贸的影响作了一次有限的尝试。

This paper uses firm-level data from a survey of 405 FDI firms in Guangdong province in China for year 1997. It studies important linkage characteristics of four groups of firms (Overseas Chinese, Japan, Eurpe,and US), and identifies the investment strategies adopted by each of these groups. A study of their investment strategies provides the basis for a tentative assessment of the effect of the membership on inward investment from these sources. However, the profound social and economic regime changes expected to be brought about by the membership may well mean a change in MNEs' investment strategies. This paper makes a limited attempt to assess the impact of the membership assuming and absence of investment strategy changes.